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Aimia Inc T.AIM.PR.D


Primary Symbol: T.AIM Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.C

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Post by Growthnvalueon Aug 13, 2024 2:18pm
726 Views
Post# 36176998

So...

So......any potential positive outcomes left here? Another disappointing quarter, confirming the assets they acquired were awful choices and that only Paladin benefited from the transactions.  A $13 million runrate in annual holdco costs for a company of this size is offensive. And they now plan to engage/pay advisors to assist in evaluating options for their strategic plan that's moving at a snail's pace. Wasn't the entire purpose of reshuffling/"upgrading" the board to lead the new strategic direction of the company?
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